Teachers Retirement System of The State of Kentucky Holds Stake in Dril-Quip, Inc. (DRQ)

Teachers Retirement System of The State of Kentucky held its stake in Dril-Quip, Inc. (NYSE:DRQ) during the fourth quarter, Holdings Channel reports. The fund owned 10,800 shares of the company’s stock at the end of the fourth quarter. Teachers Retirement System of The State of Kentucky’s holdings in Dril-Quip were worth $649,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of DRQ. Victory Capital Management Inc. raised its stake in Dril-Quip by 25,556.5% in the third quarter. Victory Capital Management Inc. now owns 305,825 shares of the company’s stock worth $17,047,000 after buying an additional 304,633 shares during the last quarter. First Quadrant L P CA raised its stake in Dril-Quip by 14,549.2% in the third quarter. First Quadrant L P CA now owns 292,984 shares of the company’s stock worth $16,331,000 after buying an additional 290,984 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its stake in Dril-Quip by 17.4% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,897,147 shares of the company’s stock worth $105,747,000 after buying an additional 281,198 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Dril-Quip by 40.6% in the third quarter. JPMorgan Chase & Co. now owns 743,417 shares of the company’s stock worth $41,438,000 after buying an additional 214,640 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in Dril-Quip by 26.3% in the third quarter. First Trust Advisors LP now owns 891,977 shares of the company’s stock worth $49,719,000 after buying an additional 185,973 shares during the last quarter.

Institutional Ownership by Quarter for Dril-Quip (NYSE:DRQ)

Shares of Dril-Quip, Inc. (NYSE:DRQ) opened at 51.55 on Monday. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of 20.87 and a beta of 0.73. The stock has a 50 day moving average of $58.84 and a 200-day moving average of $57.21. Dril-Quip, Inc. has a 1-year low of $46.90 and a 1-year high of $69.40.

TRADEMARK VIOLATION WARNING: This piece of content was first published by Mideast Time and is owned by of Mideast Time. If you are viewing this piece of content on another site, it was stolen and reposted in violation of US and international copyright law. The original version of this piece of content can be viewed at https://www.mideasttime.com/teachers-retirement-system-of-the-state-of-kentucky-holds-stake-in-dril-quip-inc-drq/1589038.html.

DRQ has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Dril-Quip from a “sell” rating to a “hold” rating in a research note on Tuesday, January 10th. Barclays PLC raised shares of Dril-Quip from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $54.00 to $77.00 in a research note on Monday, January 9th. Scotiabank set a $65.00 price objective on shares of Dril-Quip and gave the company a “hold” rating in a research note on Thursday, March 2nd. Finally, Guggenheim lowered shares of Dril-Quip from a “buy” rating to a “neutral” rating in a research note on Wednesday, March 1st. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $62.89.

Dril-Quip Company Profile

Dril-Quip, Inc (Dril-Quip) designs, manufactures, sells and services engineered offshore drilling and production equipment. The Company’s principal products consist of subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, specialty connectors and associated pipe, drilling and production riser systems, liner hangers, wellhead connectors and diverters.

5 Day Chart for NYSE:DRQ

Want to see what other hedge funds are holding DRQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dril-Quip, Inc. (NYSE:DRQ).

Receive News & Ratings for Dril-Quip Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dril-Quip Inc. and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply

 
© 2006-2017 Mideast Time.